From AAO Weblog
At the Practising Law Institute’s “SEC Speaks” series last Friday, SEC Chairman Christopher Cox delivered a speech recapping his first 80 weeks on the job, likening himself to Phileas Fogg in “Around the World in 80 Days.”
Nothing startlingly new in it, but it does make you realize how much has happened since he took the helm – which seems like only a couple of months ago. To wit: overhauled compensation disclosures in proxies. One-hundred-thirty backdating investigations. Improved disclosure of insider transactions making the investigations possible. Improvement in the application of auditing standards over internal control evaluation.
Plenty of stuff, to be sure. And there’s bound to be more of the same themes going into his next 80 weeks. On the other hand, I’m always a little worried when someone knows the exact number of weeks or months they’ve been in a job. Will there be 80 more weeks?
http://www.accountingobserver.com/blog/
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